MADISON, Wis. - Paul Sarbanes, the former Democratic senator from Maryland and co-author of The Public Company Accounting Reform and Investor Protection Act, better known as Sarbanes-Oxley, will keynote the World Council of Credit Unions’ (WOCCU’s) 2008 World Credit Union Conference. The annual event this year takes place in Hong Kong from July 13-16. Sarbanes, a supporter of credit unions while in Congress, told WOCCU he believes CUs remain “very important players in financial services,” and that while he expects tension will always remain in place between banks an credit unions, “Each of you has a role to play in the financial system and you should be able to exist together.” For info: www.woccu.org.
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